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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (4930)	2/13/2014 10:17:48 AM
From: Andrew~	Read Replies (1) \| Respond to of 203414

TPN-V Taipan Resources Inc. Announces 388% Increase in Total Unrisked Prospective Resources on Block 2B to 1.6 Billion Barrels "The total estimated Mean Gross Unrisked Prospective Resources on Block 2B in the report has increased by 388 percent to 1,593 MMBOE from 410.4 MMBOE. The Pearl-1 prospect, that is expected to be drilled later this year, has been estimated by Sproule to have Mean Gross Unrisked Prospective Resources of 251 MMBOE. The total estimated Mean Gross Unrisked Prospective Resources on Block 2B is based on 19 exploration leads as summarized in the table below. The estimated Mean Gross Unrisked Prospective Resources for the top six leads of Block 2B (Leads 1, 2, 3, 4, 5, and 8) total 960 MMBOE. Premier Oil plc is carrying Taipan through the cost of the work program for the First Additional Exploration Period on Block 2B. This includes the drilling and testing of the Pearl-1 prospect. Taipan holds a 45% interest in Block 2B and is the operator during the exploration phase with Premier having the right to assume operatorship of any development. To view the table associated with this press release, please visit the following link:http://media3.marketwire.com/docs/TPNTable21314.jpg. " http://stockboard.com/news/view.php/taipan-resources-inc-announces-388-increase-in-total-unrisked-prospective-resources-on-block-2b-to-16-billion-barrels